Medical reimbersument non taxable
I have query regarding medical reimbursement. My client pays medical reimbursement to employees in November. Now employees can claim any amount but of that only 15000 is tax empempted. This is as per standard process.
Now my problem is that I am not able to get this amount as tax exempted amount and it is not showing in RT table under /3M1. The process I followed is:-
1. Created a custom wagetype 4MED from standard wage type M211.
2. Then included this wage type in for these configuration should be done in table V_T7INT9 assiging the wage with proper TAX CODE and Limitation
3.Also maintained table V_T7INA9
4. Included this wage type in 0015 payment
P.S. I also tried maintaining amount in 0582
The amount is appearing in RT table but it is not coming under medical tax exemption.
Plese confirm the following:
a) wage type /3m3 : p/class : 5 as 9, 6 as 0, 30 as 2
b) wage type /3m1 : p/class : 5 , 6 & 30 as 0.
c) also check the processing class of wage type m211, p/class 5 should be 9, 6 as 0, & 20 as 8
Also, you may test once, create one more wage type for testing purpose by copying and do all the req. confiq & check whether your issue is resloved or not because as per my understanding system shuld behave correct.